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interest rates. senate majority leader harry reid scheduled a procedural vote for tomorrow. the bill would restore the interest rate on federal student loans to 3.4% for one year. interest rates doubled to 6.8% last week. congress can retroactively reduce interest rates. most students do not take out loans until the beginning of the fall semester. >>> stay with us. news 4 today continues right now at 5:00 a.m. >> news 4 today starts now. >>> right now at 5:00 a.m., breaking their silence. >> i may have been through hell and back, but i am strong enough to walk through hell with a smile on my face. >> the new message this morning from three ohio women held hostage for years. >>> the head of asiana airlines is ready to face tough questions as he heads to america this morning. but first, he had to face the families of two girls killed in that crash. good morning, everyone, i'm aaron gilchrist. >> and i'm eun yang. tuesday, july 9th, 2013. right now we're getting new information about breaking news in northwest washington. take a look at this video from about 40 minutes ago. a man rescued from
harry reid scheduled a procedural vote for tomorrow. the bill would restore the interest rate on federal student loans to 3.4% for one year. interest rates doubled to 6.8% last week. congress can retroactively reduce interest rates. most students do not take out loans until the beginning of the fall semester. >>> 5:55. new information that shows all that money you're spending in stores is actually giving the economy a boost. cnbc's courtney reagan live with that story for your money. courtney, good morning. >> hi, good morning, aaron. consumers broke out their credit cards in may, just another sign they're more optimistic about the economy. the federal reserve says consumer credit jumped 8%, the biggest monthly gain in a year. the biggest chunk of consumer debt is what's known as nonrevolving credit or student and car loans but the fastest growing segment is revolving credit or credit cards. that may show a willingness by people to build up their balances. >>> well, apple's app store is sell bratding its fifth birthday today, and many developers are marking the occasion by giving away fr
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